COMPANY INTELLIGENCE PROFILE
NASADIYA TECHNOLOGIES PRIVATE LIMITED
Nasadiya Technologies Pvt Ltd is the legal entity operating "Pratilipi" — India's largest vernacular digital storytelling platform — along with its associated brands Pratilipi FM (audio stories), Pratilipi Comics, and Indiepress (self-publishing imprint).
Nasadiya Technologies Pvt Ltd operates "Pratilipi," India's largest vernacular digital storytelling platform, and its associated brands, Pratilipi FM, Pratilipi Comics, and Indiepress. Founded on March 12, 2015, it allows users to read, write, and listen to stories in multiple Indian languages. With significant growth, the company reported FY25 revenue of approximately ₹82.6, 82.65 Crore and has received around $101.7, $108M in funding across eight rounds.
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Business Overview
- Nasadiya Technologies Pvt Ltd is the legal entity operating "Pratilipi" — India's largest vernacular digital storytelling platform — along with its associated brands Pratilipi FM (audio stories), Pratilipi Comics, and Indiepress, self-publishing imprint.
- The platform lets users read/write/listen to user-generated and licensed fiction across multiple Indian languages, Hindi, Tamil, Telugu, Marathi, Bengali, Kannada, Malayalam, Gujarati, etc., monetizing via subscriptions, in-app purchases and ads.
- Reported scale: ~30 million users consuming ~600 million stories/month (Tracxn/press).
- Source: Tofler, web search aggregation, company website (pratilipi.com).
Sector & Classification
Computer programming/software publishing and consultancy (NIC 72200-type activity); operating business is digital vernacular storytelling/publishing under brand "Pratilipi" (Tofler, web search)
Directors & Key Management
Confirmed current board (TheCompanyCheck, cross-checked with Tofler): - Ranjeet Singh Pratap — Director since 12 Mar 2015 (DIN 07070829, per Tofler) - Sankaranarayanan Devarajan — Director since 11 Sep 2018 (DIN 06995853, per Tofler) - Hyunil Sohn — Director since 13 Aug 2021 (DIN 08967820, per Tofler) - Badri Pillapakkam Bahukutumbi — Nominee Director, appointed 29 Apr 2025 (DIN 00272372, per Tofler) - Arpit Beri — Nominee Director, appointed 28 Nov 2025 (DIN not obtained in available sources) Former/resigned directors seen in general web listings (not on current board): Pratik Poddar, Siddharth Rajender Nautiyal (likely past Nexus Venture Partners board nominees — not independently dated, treat as partial). Status: names confirmed via 2 sources; DINs confirmed only for 4 of 5 (Tofler); Arpit Beri's DIN = not obtained.
GST Registrations
Primary/home-state GSTIN (Karnataka): 29AAECN8882G1ZV, active since 01 Jul 2017 (KnowYourGST/PiceApp, confirmed). PAN AAECN8882G is consistent across all registrations. Additional state registrations found (multi-state GST footprint, PAN-matched, via TaxAdda/MastersIndia): Tamil Nadu (Tiruvallur) 33AAECN8882G1Z6 (reg. ~22 Jul 2022); Maharashtra (Mumbai Suburban) 27AAECN8882G1ZZ; Uttar Pradesh (Gautam Buddha Nagar) 09AAECN8882G1ZX. Total registrations confirmed: at least 4 states (Karnataka home state + Tamil Nadu, Maharashtra, Uttar Pradesh). All appear active per source pages; could not independently verify live status for the 3 non-Karnataka GSTINs beyond aggregator listings, so treat those as partial confirmation.
Financials
Nasadiya Technologies reported FY24 revenue of ₹57.8 Cr, marking a ~45.9% YoY growth from ₹35 Cr in FY23. Net loss decreased significantly to ₹58.13 Cr from ₹152.6 Cr. FY25 revenue reached ₹82.6 Cr, with a ~41% YoY growth.
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- Two independent sources reconcile into a consistent trend, standalone, Nasadiya Technologies P&L:
- FY23: Revenue ₹35 Cr (Entrackr)
- FY24, year ended 31 Mar 2024: Revenue ₹57.8 Cr (Entrackr) / ₹58.6 Cr, Inc42/YourStory, — confirmed, 2 sources agree, ~45.9% YoY growth
- Net loss ₹58.13 Cr, down 62% from FY23 loss of ₹152.6 Cr (Entrackr)
- EBITDA margin ‑89.74%
- ROCE ‑81.01%, Entrackr — single source, partial.
- FY25, year ended 31 Mar 2025: Revenue ₹82.6–82.65 Cr, ~41% YoY growth, Tofler + TheCompanyCheck agree — confirmed. FY25 EBITDA/PAT/net worth: not obtained, locked/not yet publicly filed per TheCompanyCheck.
- Note: Tofler's "₹75–100 Cr" figure is a banded estimate consistent with the ₹82.6 Cr point figure above, not a conflict.
- Consolidated vs standalone: sources do not explicitly state
- Figures are presumed standalone Nasadiya Technologies financials since Pratilipi FM/Comics/Indiepress are brands, not separate filing entities.
Funding History
| Total funding to date | ~$101.7M–$108M across 8 rounds, Inc42/Crunchbase/press aggregation — confirmed order of magnitude, exact cumulative figure varies slightly by source. |
| Latest round | Series E, closed 3 Apr 2025 — $20M total (₹~171.26 Cr), led by Jungle Ventures |
| Comprised $12M primary + $8M secondary. Angel participants: Ravish Naresh, Khatabook co-founder, Arnav Kumar, Leap co-founder. Post-money valuation: $80–100M, down from a prior peak of $265M, Entrackr/YourStory/Inc42 — confirmed, multiple sources agree. | |
| Secondary activity in this round | Qiming Venture Partners partially exited, sold ~75–80% of its stake; Shunwei Capital fully exited. |
| Known historical investors, named across rounds, per Inc42/Tracxn: Krafton, Nexus Venture Partners, Omidyar Network, Jungle Ventures, Qiming Venture Partners, Shunwei Capital. | |
Loans & Charges
- Per TheCompanyCheck, single source — partial: Open (unsatisfied) charges totaling ~₹47.5 Cr
- Satisfied/closed charges totaling ~₹86 Cr
- Lender category listed generically as "Others", specific lending institution names not disclosed in source. Not independently cross-verified against a second registry source.
Credit Ratings
- Not obtained / none found. No CRISIL, ICRA, or CARE rating for Nasadiya Technologies Private Limited was located
- Unrated status is typical for a VC-funded startup with no listed debt instruments.
Competitive Landscape
- 1. Pocket FM, audio storytelling; largest peer by scale/valuation, reportedly a well-funded unicorn-class competitor in vernacular audio fiction
- 2. Kuku FM, vernacular audio stories/audiobooks; comparable/mid-large scale rival, direct competitor to Pratilipi FM
- 3. Matrubharti, regional-language reading/self-publishing platform; smaller scale, closest text-reading peer
- 4. Storytel India, global audiobook subscription platform with India vernacular push; larger global parent, smaller India-specific scale
- 5. Wattpad, global user-generated fiction platform; larger global scale, English-first but overlaps in UGC storytelling model
- 6. Tapas, webtoon/serialized fiction platform; smaller, more niche overlap via comics vertical
Frequently Asked Questions
What does Nasadiya Technologies Pvt Ltd do?
Nasadiya Technologies Pvt Ltd operates Pratilipi, India's largest vernacular digital storytelling platform, along with associated brands Pratilipi FM (audio stories), Pratilipi Comics, and Indiepress (self-publishing imprint). The platform allows users to read, write, and listen to user-generated and licensed fiction in multiple Indian languages such as Hindi, Tamil, Telugu, Marathi, Bengali, Kannada, Malayalam, and Gujarati.
What is the Corporate Identification Number (CIN) of Nasadiya Technologies Pvt Ltd?
The Corporate Identification Number (CIN) of Nasadiya Technologies Pvt Ltd is U72200KA2015PTC079230.
What is the primary GSTIN of Nasadiya Technologies Pvt Ltd?
The primary GSTIN of Nasadiya Technologies Pvt Ltd is 29AAECN8882G1ZV, and it has been active since 01 July 2017.
When was Nasadiya Technologies Pvt Ltd incorporated?
Nasadiya Technologies Pvt Ltd was incorporated on 12 March 2015.
Where is the registered office of Nasadiya Technologies Pvt Ltd located?
The registered office of Nasadiya Technologies Pvt Ltd is located at Sona Towers, 4th Floor, No. 2, 26, 27 and 3, Krishna Nagar Industrial Area, Hosur Main Road, Bangalore, Karnataka 560029.
Sources
Tofler (tofler.in/nasadiya-technologies-private-limited), TheCompanyCheck (thecompanycheck.com/company/nasadiya-technologies-private-limited), Entrackr (entrackr.com/fintrackr/pratilipi-approaches-rs-60-cr-revenue-mark-in-fy24-cuts-losses-by-62), Inc42 (inc42.com/company/pratilipi), YourStory (yourstory.com/2025/04/pratilipi-bags-20-million-series-e-funding-jungle-ventures), KnowYourGST/PiceApp (GSTIN 29AAECN8882G1ZV), TaxAdda & MastersIndia (additional-state GSTINs), Tracxn (company/legal-entity profile pages, shareholding buckets), official website pratilipi.com (domain, logo, og:image/apple-touch-icon assets), general web search aggregation for director list and competitor landscape.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.